I miss the "No, it would cause high rate of inflation and fall of prices." option. Such an action would increase the coin output tenfold what would make even the current price unsustainable. Who would/could buy so many coins. It's only viable if the reward goes down to 2.1 BTC from 21 BTC.
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But bittrex and cryptsy are two major exchanges right now, so what will happen if they goes down? alternative exchanges? there will not major and high volume exchanges after trex or cryptsy.
Major exchanges...and then what? Once upon a time there was a major exchange called MtGox... and quite lot more . I think we could do quite well with distributed exchanges only. Moreover I think distributed exchanges are the natural way for the evolution of crypto economy.
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Probably they didn't wanted to attract the attention of all the different regulatory bodies of nearly all the states around the world.
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Nothing will happen. Even if Cryptsy and Bittrex goes down (what is quite unlikely) there are still many option outside FinCEN's reach. There is whole wide and financially relative free world outside of the US .
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What are they ? The only useful thing I see would be a decentralized marketplace. As far as I know NXT has it but the servers hosting it centralize so its not completely decentralized and as soon as OpenBazaar is out it will be rendered useless.
As I see Daedelus answered your question. I have to add only one thing: no servers are hosting the decentralized marketplace, NxtMarket (just like SAE for the asset exchange) and a couple of other similar sites are just a comfortable web GUIs but the real backend stuff is sitting in the blockchain.
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Which coin are you talking about? VPN?
I think OP referred this https://bitnet.io payment processing company. It looks like a BitPay competitor, so it provides gateway services to merchants what/who want to accept bitcoin payments.
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NXT is crashing because people are slowly discovering that whatever value proposition NXt had can also be implemented by Bitcoin. There is no purpose for NXT to exist, thus there is no one holding it.
I don't think so. Of course many things (I'd say almost everything) can be implemented by bitcoin, but that will take ages. Just take a look at Ethereum, it still in early beta. Mastercoin? It's dead. Counterparty is the only meaningful system with some similar features, but still not as feature rich as NXT. On the contrary all the promised or existing features of these 2.0 coins are already working in NXT.
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Direct democracy is not ideal either. You cannot vote on everything there is to do and some time later many people would ignore voting. Political parties wouldn't give up and they would try to convince everybody to tier point of view, so there would be constant agitation and manipulation of information. People would vote on those solutions which would be promoted by their beloved parties.
Actually direct democracy seems to be working fine in Switzerland since ages. Yes they are voting a lot, I guess they are learning a lot to be able to form an opinion about the ongoing stuff, so it's certainly a lot of fuss, but it's working for them, they are still in control. On the other hand our comfortable representative democracy... well it's everything but democracy :/
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The price seems to be on one long downward trend. Doesn't make sense.
Yes, that's pretty odd. NXT getting more and more features, more and more value/investment but it still in downtrend. I guess it's happening because of it's pegged to BTC and BTC is also bearish.
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At first I thought this was a quote from the first terminator movie... Googleator? More like the politician-corporation-MSM juggernaut .
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Tomorrow they will be declared as terrorist organization all across the world and excommunicated by most religions, on the day after tomorrow the worldwide coalition forces going to commence a preemptive nuclear strike on Mountain View... and we shall have peace...
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The paradox of elections is that on one hand they tell you "if you don't vote you won't change anything and have no right to complain later" but deep inside you know that the outcome has already been decided and your vote won't change anything.
OK. Which head you wanna vote ?
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If you mean the low volume, that could happen without something being wrong with a coin. This thing happens with PoS coins quite often, as PoS is encouraging hoarding. On the other hand the price was quite stable around 2k sats and such stability isn't very attractive for daytraders. PDers also overlooked this one as I see .
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This is the beginning of the end of RIPple I don't think so. Ripple Labs have some serious investors and a lot of money. They just have started to infiltrate into the banking and money transfer business, so I seriously doubt that they would give up at this point. Probably they will introduce some new rules to comply with the US regulations and then keep pushing forward.
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Hey guys i just came across ZRC or Ziftr coin, i'm just wondering if this coin is a good investment? its a coin owned by a shop take a look at this website >>> http://www.ziftr.com/that is their original website store and the other one are information about the distribution of their coins >>> https://www.ziftrcoin.com/they are going to give free 100 ziftr coins to those who would subscribe to them so my question is, if i bought coins now in their pre sale and then the time came that they would distribute 100 coins to their users, do you think that the value of the coin would go up or down? please explain your answer, thanks! It's relative easy to register a few dozens of accounts from different IPs and different emails, therefore collecting a few thousands of free coins shouldn't be an issue for determined ppl. So, I'd expect some dumps in the beginning. The rest is depends on the issuer, if they can attract customers they can survive, if not then ZRC going to be dumped hard. The scheme looks pretty similar to paycoin.
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I tend to be paranoid about politicians and corporations . Companies are probably donating to all major parties through some individuals to avoid drawing too much attention from the public and this way they can buy seats for their agents in the "independent" and party advisory boards. So I think voting is just the circus for the people.
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Various butthurt blokes and scammers used to bragging about their connections to the mob and also used to threatening other scammers with retaliation by their buddies. I'm just wondering, if almost every random bloke in crypto knows some of those gangsters how these gangs are managing to evade the police and their competitors ?
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Looks interesting, but as I see they are not very talkative here on BTT, however the site is more than one year old. Are they trustworthy? Could you tell me a bit more about your experiences with them, please?
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Just read up on them yourself and make your own decision. I made a thread that hopefully could help you. https://bitcointalk.org/index.php?topic=1045967.0Tip... Always refer back to the charts and be mindful of volume. If the chart looks bad, with prices going down or no volume, don't get in. No matter how "good" the "tech" is, trading/investing is still a risky endeavor. Probably this is the best advice what you can get here. Don't follow anyone and anything without doing your own research first. Good advice in the right time is a really rare thing here.
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Ask the whales and the big mining farms. If they accept it then its fine, let's go. If they are not happy with this change then back to the drawing board, and let's find something what is acceptable for all. This isn't nice but I think this is the reality.
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